Tokyo-listed investment firm Metaplanet has acquired an additional 1,004 BTC for approximately $104.3 million, bringing its total holdings to 7,800 BTC. The firm’s average purchase price for Bitcoin is $91,300, with current holdings valued at over $806 million. Metaplanet aims to reach 10,000 BTC by the end of 2025, financing acquisitions through bond sales.
Metaplanet’s aggressive accumulation strategy reflects a bullish outlook on Bitcoin’s long-term value proposition. By financing purchases through bond sales, the firm leverages debt to increase its exposure to Bitcoin, anticipating significant future appreciation.
This approach mirrors strategies employed by other companies seeking to hedge against fiat currency depreciation and diversify their asset portfolios. However, it also introduces financial risks associated with debt financing and market volatility
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